Props Submitter....cept that you left out that Turbo Tax SUX cause they had Spyware included in the software a few years ago and I used Tax Cut from H&R Block.Then again, the human being that did my taxes this year (Cause I bought my first house) caught that the software (or the *user*) didn't catch the $1,200 deduction for two income married home filing jointly like it should have.../re-submitted an adjustment for 2003 and got back $83 more

No, TurboTax does suck. We struggled through it for about 3 days trying to get it to show us where to enter information about money placed into an IRA that was not part of an employer-sponsored 401k program. We ultimately just went to the forms section and added it manually. According to the software's final analysis, we owed the government some $2800 and change.

So, obviously, I said, "Holy crap!"

Then I got out my pencil, went to the library and picked up the relevant forms, filled them out by hand, added them up and, wow, it turns out I only owe about $600, which is about what I expected.

So I sent the software back because of their "100% accurate" guarantee and instead of refunding my money, they charged me again! I just turned it over to my credit card company after that.

No! The only truly fair tax is a head tax - everybody pays exactaly the same whether you work hard or are a lazy a$$. No exemptions, no deductions, no credits, no CPAs. Anything else is wealth transfer.

I'm liking the 23% sales tax w/rebate to low income people more and more.

/believes anybody who works 40 hours a week and makes less than $40k shouldn't pay taxes.//makes more than $40k///works two jobs/stupid gf somehow still manages to spend it all.////needs new gf or something.

TurboTax is a joke. I've had to fix a dozen returns from idjits using TT...as well as 50 or so that Jackson Hewitt and H&R Block farked up. There's MUCH better software but unfortunately the average user can't afford it...ProSeries, but it costs $1000 a year.

If you are getting 70 grand back, why the fark would you use a software package? Shell out an extra tree fifty and go to H&R Block at least.

That's "tree fitty", if you please.

My thoughts exactly.

Not being in the "getting 70 grand back" tax bracket myself, I use Turbo Tax and it doesn't really suck..., no more than any other software out there. I used the HR Block package in the past too and that seems okay as well.

Everyone gets to keep what money they make. No sales taxes, no VAT, no income tax, nothing. When the government needs to pay for something, they print the money they need, devaluing the currency a bit. The resulting inflation hits everyone equally and is effectively everyone's tax rate.

Simple. No paperwork. No CPA's. No IRS. No auditors. Inflation == tax.

Yea the idea's probably full of holes, but hey, this is fark, and I'm not an economics major.

Several years ago, I cashed in some bonds.I forgot about it at tax time. A year or so later, I get a letter from the IRS that I owe a boat load of money. Well, to me it was a boat load. I asked a friend who does taxes to check it out.She says you owe money, but not that much. Write a letter and ask for the reason for the difference. So I did, I said, esentially, hey, I owe you money, this is what I think I owe, tell me where the rest of this money I owe you is from?

Months later, they send me a letter absolving me of the obligation, completely. For the cost of a stamp and an envelope.

I had the lettter bronzed to make sure that I would have it if they ever realized the mistake. They didn't, and the statute of limitations ran out.

Everyone gets to keep what money they make. No sales taxes, no VAT, no income tax, nothing. When the government needs to pay for something, they print the money they need, devaluing the currency a bit. The resulting inflation hits everyone equally and is effectively everyone's tax rate.

Simple. No paperwork. No CPA's. No IRS. No auditors. Inflation == tax.

Yea the idea's probably full of holes, but hey, this is fark, and I'm not an economics major.

full of holes? you got a block of swiss cheese there. how does the government support itself w/out taxes? Income tax, I agree, should go. but sales tax could take over, unfortunately it'd be boosted to 15% nationwide.

I overpay fed. income tax by 15 bucks per paycheck. I consider it an interest-free savings plan, since in theory I should get my money back when I file my return. I've done this for ever job I've held. $15.00 x 26 paychecks = $390, not counting normal deductions or payments. I figure I'm giving the fed's an extra hour every two weeks, on the condition that I get it back. On average I get back a couple hundred bucks on top of my overpayment. (Makes for a wonderful way to knock out credit card debt)

This year Turbo Tax decided that this year I somehow owed the federal government 275 dollars. I've used turbo tax for the last three years. I made no more money this year than I have since I started with TT, I didn't get married, I didn't buy a house, my retirement options haven't changed.

After filing with H&R block on-line, Using the same numbers I gave turbo tax, I received a refund of over $500.00. I wonder if Samir and Michael Bolton wrote this year's version of Turbo Tax....

envelope:By my calculations, it would be about $9300 per person per year.

OK, let's take that number and run with it.

The net income of someone on minimum wage would be less than $1500 PER YEAR (less after state taxes). How is someone going to pay necessesities on that? So, that means one more person on welfare, raising the taxes of everyone else, potentially bringing even more people on welfare.

it depends on the state (there's no national sales tax) Nevada has 7.5%. A 15% sales tax would actually generate less revenue than the current state controlled sales tax. Think about it, you run a business and every month you collect 15% of all sales and are required to send it to the state...are you going to send in the whole 15%? hell no.

$10,000 in sales at 15% is $1500...how much of that is going to make it to the dept of taxation? less than half, if any...or less than the current NV state sales tax.

A 15% sales tax would actually generate less revenue than the current state controlled sales tax. Think about it, you run a business and every month you collect 15% of all sales and are required to send it to the state.

think harder about it.

Criminals, drug dealers, and crooks who live off of their illegal income as of now do NOT pay a payroll tax on their earnings.

Taxing what they do and will buy with their illegal earnings now adds them to the tax brackets.